HODL is not advisable! - page 21. | Bitcointalksearch.org

Scratchcatch

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Quote from: SpringfieldM1A on August 27, 2018, 07:28:14 AM

Quote from: enawati on August 23, 2018, 03:47:23 AM

Yes that right , hodl is bad idea to make money in crypto because all price of altcoin in high fluctuacion and actually we can make more profit from it by learn about trading strategy. Hodl just make missing out to make big money, because many altcoin going back to the bottom after all the times high.

I have seen a lot of people who just got into this space because they heard they people who invested long time ago have got extremely wealthy and they could do so too. However, what they forgot is that people who invested years ago kept holding during the storms the market brought with it, but since they know the long term value of what they were holding, the cared less about it.
Only people who are not ready to understand the potential of bitcoin may hate to hold it for years. It can only be hard to control if you do not know what to expect at every point in time or to know how to go about making investment decisions. All the people who are good in analyzing and predicting the future of bitcoins, will never say holding is not good nor advisable. I talk about only bitcoins. Holding bitcoin is highly advisable!

Thank you, SpringfieldM1A!
Your comment is very helpful and I know that hodling is the right thing to do especially with Btc.
Have a great day!

SpringfieldM1A

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Quote from: enawati on August 23, 2018, 03:47:23 AM

Yes that right , hodl is bad idea to make money in crypto because all price of altcoin in high fluctuacion and actually we can make more profit from it by learn about trading strategy. Hodl just make missing out to make big money, because many altcoin going back to the bottom after all the times high.

I have seen a lot of people who just got into this space because they heard they people who invested long time ago have got extremely wealthy and they could do so too. However, what they forgot is that people who invested years ago kept holding during the storms the market brought with it, but since they know the long term value of what they were holding, the cared less about it.
Only people who are not ready to understand the potential of bitcoin may hate to hold it for years. It can only be hard to control if you do not know what to expect at every point in time or to know how to go about making investment decisions. All the people who are good in analyzing and predicting the future of bitcoins, will never say holding is not good nor advisable. I talk about only bitcoins. Holding bitcoin is highly advisable!

ToyotaFortuner

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I feel holding back is the best choice and the right way to provide security to the assets that you have because if you sell assets that you have at a very cheap price, what you get is only a loss.

herurist

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

I agree with you even I see from market condition. In this situation every strategy will fail and you will never get income. If market condition like 2016 I believe " hold " is the right decision. Market always grow up with 3 situation ( up, down, sideways ) but how people face and do their strategy make market looks good to test our skill. Do your best, keep learning and have a nice day.

chocolah29

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?

Seems to me you don't know the real meaning and benefits of holding.

Quote from: escalante28 on August 22, 2018, 09:42:35 AM

Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.

Oh you must be good in trading. Can you show us some proof of your scalping? Some screenshots will do. You must be rich now from your trading skills. Grin

*insert sarcasm

Quote from: escalante28 on August 22, 2018, 09:42:35 AM

I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

Show us first some proofs of your hard work and we will believe you. I wish you'll know that sometimes some shoes doesn't fit to everyone. And what matters most here is you profited and that's enough.

beverly788113

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

I believe that this time if you hold and especially hold long ahnj will be very dangerous, you can see that the market is constantly fluctuating and is in the bearish trend in the long term, so to be able to minimize At risk, I believe that this time you should only short-term investment and trading day because bitcoin prices will be able to drop sharply at any time.

boy130

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HODLing is not for everyone and the same goes with day traders but so long one understands the consequences of their actions, either short term or long term holding, I think its fine because we all play by our own different rules, shaped by our own desires.

Question123

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People have own decision. If you think holding is not good and go and leave. If we said last few months is good to hold our coins when the price is higher than today so it means today is better because the price gets cheaper because if you sell it you lose.

Renegadegate

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

Yes, trading may sometimes bring more money, but hodling isn't about losing money either. Moreover, hodling is preferable for inexperienced investors because you don't lose money, which might be the case with trading. So, I wouldn't impose my opinion on others because it might be bad for some people.

gabmen

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Quote from: Dreamace7 on August 26, 2018, 10:55:00 AM

Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.

Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option

leonix007

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Grow with community

Quote from: escalante28 on August 24, 2018, 02:58:33 AM

Quote from: nydiacaskey01 on August 23, 2018, 11:07:42 PM

If you don't believe in HODL then maybe you should take a look at those who HODL on their Bitcoin that they bought way back 2015 or maybe we can go back 2 years ago. 2 years ago August 2016, price of Bitcoin is just around $500 USD, Bitcoin is now traded at $6,400 USD, thats 1,100% profits in just 2 years. They HODL thats why they are rich by now.

I do believed in HODL back that year. My opinion is for the current situation of the market because it was been 5 months and still bearish, so how would you make profit if you buried your investment for such a long time? If your investment capital is ready to sleep there for 10 years well you can hodl it. Again that suggestion is for the current situation of the market.

Lol.. you call 5 months a long time investment?

If you believed in a certain investments, a single year of holding would be too early

you could see a bear market if you Only knew crypto this year

however if you look at it closely, we are still within Bullish market in bearish trend as a whole

Oh btw..

your opinion fits here

Quote from: pant-79 on August 23, 2018, 07:00:37 PM

P.S. In post, you need to temper your ardor. You can just express your opinion. No one likes that you impose your opinion

gilangIDR

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

HODL can be done at a time like this, namely when the market situation is not improving and that means we must be able to do patience. HODL is usually defined as something related to long-term investment. This can be said as a strategy because every condition requires an appropriate treatment. Can be interpreted when we do HODL then we have to wait until the right time to get profit margins.

Dreamace7

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Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.

MasterHam2

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Quote from: udidrone on August 26, 2018, 02:47:31 AM

Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

People have their own strategy and it is bad if you comment about what people want to do with their asset. If you really good in scalping so it is fit for you, but not means it will fit for other people.

I agree. People should make their own decisions as to whether to hodl or trade. Otherwise, they might make a lot of big mistakes by just listening to someone else's advice.

giletto

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Quote from: ApocalypseNow on August 26, 2018, 03:55:29 AM

Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

That is very true man. Bitcoin is the only cryptocurrency that is suggested for holding and not any coins that just popped out in the previous years. Don't HODL altcoins guys but perhaps ETH can be an exception. One year is the maximum time for holding and more than that will be a major disadvantage.

Why not hold altcoin. If you choose and hold the altcoin as good as ETH, NEO, LTC, ADA .. It will also bring a lot of profits like bitcoin when the market price increases. 1 year for holding I think it is mid-term and that time is not sure you can get profit

Kasabus

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We also realize that holding isn't good all the times, thus it also lead into losing so much. I'm me not on the way of creating FUD in here but base on my experience and as what I've seen in the market today, more coins are dropping hard than of recovering.

ApocalypseNow

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

That is very true man. Bitcoin is the only cryptocurrency that is suggested for holding and not any coins that just popped out in the previous years. Don't HODL altcoins guys but perhaps ETH can be an exception. One year is the maximum time for holding and more than that will be a major disadvantage.

udidrone

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

People have their own strategy and it is bad if you comment about what people want to do with their asset. If you really good in scalping so it is fit for you, but not means it will fit for other people.

nicolas1979

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Quote from: escalante28 on August 22, 2018, 09:42:35 AM

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

There's mistake with your mindset, hold is part of investment strategy. Most trader only use short into medium but only few of them use long ( hold ) because trade is short cut from investment. Trading and investment has their own risk and strategy but " hold " is hard because if you chose the wrong coin you'll get lost in big value. Think again before writing a post, sorry.

chikading2016

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Quote from: Pattart on August 25, 2018, 10:37:17 PM

Quote from: Raiwenkai on August 24, 2018, 08:54:47 AM

For me, it depends upon the situation. If you need money badly and your token pumps even in 2-3 sats then sell for it, but if you are willing to wait and you want big profit just HODL.

Thats right dude, you have to be happy with the situation, holding is not the main choice especially if the coin you buy has a signal to continue to weaken or you need money for the needs of your life then selling is the right choice, adjust to market conditions and yourself

Yes I agree on that , holding is seasonal we don't have to stay for the coin that we are holding when it will only give as a verry small amount of profit or the worst is that it can make us loss. We need to choice the coin that is potential to do such holding on the feild. I believe that holding spends on the price. Maybe we are now on dip so holding is the best for today butvwe need to select the right coin if needed.

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